Modified Mannarino Market Risk Indicator
MMRI = DXY * 10Y Yield
MMMRI = MMRI * (Debt/GDP)
Green ~ Low Risk
Yellow - Mod Risk
Red - High Risk
Purple - Extreme Risk
Bubbles Formula (MMMRI_DK)
DXY*(10Y + FED Rate)* (Shiller P/E Ratio) * (Warren Buffet Indicator)*(Debt/GDP) /1.61
Similar to the Shiller P/E Ratio - you need to...
Mannarino Market Risk Indicator is from the original legendary Mannarino . The indicator basically assesses for the risks in the market. Since I could not find the original indicator under the trading view platform, I have derived the metrics from his website. If you are going to use it, use it at your own discretion.